Do I Need Umbrella Insurance?
By Dale Maley
()
About this ebook
Many Americans work hard and live below their means so they can grow their wealth through saving and investing. Unfortunately, the U.S. has 50% of the world's lawyers. Umbrella insurance is an easy way to protect your hard earned wealth from lawsuits. This short story explains umbrella insurance including how much umbrella insurance you should have.
Dale Maley
Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros. He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning. He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers. He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning. He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990. Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.
Read more from Dale Maley
How to Build a Fascinating Ratcheting Wood Model Rating: 0 out of 5 stars0 ratingsFinancial Planning for Medical Doctors Rating: 5 out of 5 stars5/5Are 529 Plans Really the Best Way to Save for College? Rating: 0 out of 5 stars0 ratingsHow Asset Allocation Can Help You Achieve Your Financial Goals Rating: 5 out of 5 stars5/5How Can I Retire If I Am 62 and Broke? Rating: 0 out of 5 stars0 ratingsBe Very Wary of Equity Indexed Annuities Rating: 0 out of 5 stars0 ratingsDo I Need a Letter of Instruction for My Heirs? Rating: 0 out of 5 stars0 ratingsDo I Need an Investment Policy Statement? Rating: 4 out of 5 stars4/5What are the Requirements for Becoming a Financial Planner? Rating: 0 out of 5 stars0 ratingsHow Do I Estimate Retirement Living Expenses? Rating: 0 out of 5 stars0 ratingsFire Your Over-Priced Financial Advisor and Retire Sooner Rating: 5 out of 5 stars5/5Will Reverse Mortgages be the Salvation of Baby Boomer Retirees? Rating: 0 out of 5 stars0 ratingsWho Are The Bogleheads And Should You Become One? Rating: 0 out of 5 stars0 ratingsHow Do You Know When We Are In A Financial Bubble? Rating: 0 out of 5 stars0 ratingsRules of Thumb or Retirement Planning Software? Rating: 0 out of 5 stars0 ratingsHow to Read Your Way to Financial Wealth Rating: 0 out of 5 stars0 ratingsHow to Use Psychology to Achieve Your Financial Goals Rating: 0 out of 5 stars0 ratingsHow Do I Maximize Retirement Income From My Portfolio? Rating: 0 out of 5 stars0 ratingsHow Would Have a Low-Cost Index Fund Approach Worked During the Great Depression? Rating: 0 out of 5 stars0 ratingsShould Municipal Bonds be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsIs Portfolio Rebalancing Worth It? Rating: 0 out of 5 stars0 ratingsWill Your Children or Uncle Sam Inherit Your Estate? Rating: 0 out of 5 stars0 ratingsMy Journey of Digitizing 50 Year Old Family Slides Rating: 0 out of 5 stars0 ratingsDon't Max Out My 401K? Rating: 0 out of 5 stars0 ratingsDo I Need Long-Term Disability Insurance? Rating: 0 out of 5 stars0 ratingsGot My First Job and How Do I Handle the 401K? Rating: 0 out of 5 stars0 ratingsWhy We Don't Save Enough for Retirement and How You Can Save More Rating: 5 out of 5 stars5/5Should Immediate Annuities Be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsCan Hoover Dam’s Design Principles Help Us Solve the Retirement Income Problem? Rating: 0 out of 5 stars0 ratingsContribute to My Bad 401K or Go Taxable? Rating: 0 out of 5 stars0 ratings
Related to Do I Need Umbrella Insurance?
Related ebooks
Starting An Independent Insurance Agency Made Easy Rating: 0 out of 5 stars0 ratingsHow To Make An Auto Insurance Claim Rating: 1 out of 5 stars1/5Online Insurance - What Do Customers Think? Rating: 0 out of 5 stars0 ratingsThe Hidden Value in Your Life Insurance: Funds for Your Retirement Rating: 0 out of 5 stars0 ratingsLife Insurance Advice Guide: Tips for Saving Money Rating: 0 out of 5 stars0 ratingsInsurance Made Easy: A Comprehensive Roadmap to the Coverage You Need Rating: 5 out of 5 stars5/5Legal Concepts for Insurance Agent Ethics: How Agents Get Sued and Lose Their Licenses Rating: 0 out of 5 stars0 ratingsShort and Simple Guide to Life Insurance Rating: 3 out of 5 stars3/5How to Cut the Cost of Your Auto and Homeowner's Insurance Rating: 0 out of 5 stars0 ratingsHand Book for Insurance Agents Rating: 5 out of 5 stars5/5The Basics of Life Insurance: The Answer to What Life Insurance is and How It Works: Personal Finance, #1 Rating: 0 out of 5 stars0 ratingsLife Insurance Rating: 5 out of 5 stars5/5Life, Accident and Health Insurance in the United States Rating: 5 out of 5 stars5/5Secrets to Settling Your Insurance Claim Rating: 5 out of 5 stars5/5You Wouldn't Hike Without a Compass, Don't Buy Health Insurance Without This Book: Simplifying and Explaining Health Vocabulary Rating: 0 out of 5 stars0 ratingsSo You Want to Refinance: An Insiders Guide to Refinancing Adjustable Rate Mortgages and Home Loans Rating: 0 out of 5 stars0 ratingsAgent Ethics and Responsibilities Rating: 0 out of 5 stars0 ratingsBroken Promises: How Insurers Put Profits Over Promises Rating: 0 out of 5 stars0 ratingsInsurance Basics Rating: 4 out of 5 stars4/5Property, Liability and Auto Insurance: A Handbook and Guide for Insurance Concepts and Coverage! Rating: 5 out of 5 stars5/5Not a Good Neighbor: A Lawyer’s Guide to Beating Big Insurance by Settling Your Own Auto Accident Case Rating: 0 out of 5 stars0 ratingsLife Insurance 101 - The Basics of Life Insurance Explained Rating: 0 out of 5 stars0 ratingsThe Complete Dictionary of Insurance Terms Explained Simply Rating: 0 out of 5 stars0 ratingsHow to Make Your Insurance Company Pay Rating: 0 out of 5 stars0 ratingsInsuring Your Peace of Mind: Insider Secrets to Protecting Your Future Rating: 0 out of 5 stars0 ratingsThe Car Crash Manual: After the Crash - Navigating the Maze of Doctors, Lawyers , and Insurance Companies Rating: 0 out of 5 stars0 ratingsProof of Loss: A Quick Guide to Processing Insurance Claim for Insured with Their Adjuster Rating: 5 out of 5 stars5/5Symmetry Financial Group: How to Sell Mortgage Protection Insurance and Make Money Doing It! Rating: 5 out of 5 stars5/5Principles of Insurance Law with Case Studies Rating: 5 out of 5 stars5/5Long Term Care Insurance Made Simple Rating: 0 out of 5 stars0 ratings
Personal Finance For You
The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 5 out of 5 stars5/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Rich Dad's Cashflow Quadrant Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Taxes For Dummies: 2024 Edition Rating: 0 out of 5 stars0 ratingsWin In Court Every Time Rating: 5 out of 5 stars5/5Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship to Money Rating: 5 out of 5 stars5/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes Rating: 5 out of 5 stars5/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Estate Planning For Dummies Rating: 5 out of 5 stars5/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 4 out of 5 stars4/5
Reviews for Do I Need Umbrella Insurance?
0 ratings0 reviews
Book preview
Do I Need Umbrella Insurance? - Dale Maley
Do I Need Umbrella Insurance?
by
Dale C. Maley
SMASHWORDS EDITION
PUBLISHED BY:
Artephius Publishing on Smashwords
Do I Need Umbrella Insurance?
Copyright © 2010 by Dale C. Maley
All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.
Table of Contents
Chapter 1
What is Umbrella Insurance?
Chapter 2
How Does Umbrella Insurance Work?
Chapter 3
Why Do I Need Umbrella Insurance?
Chapter 4
Actual Uses of Umbrella Insurance
Chapter 5
Typical Cost of Umbrella Insurance
Chapter 6
Recommended Amount of Coverage
Chapter 7
Who Has Umbrella Policies?
Chapter 8
How to Get an Umbrella Policy
Chapter 9
How to Efficiently Shop for Insurance
Chapter 10
Conclusion
Bibliography
Umbrella Insurance Web Sites
Warning-Disclaimer
This book is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher and author are not engaged in rendering legal, accounting, insurance, or other professional services. If legal or other expert assistance is required, the services